The Okeanos Gas Gathering Company will be owned two-thirds by BP and one-third by Shell Gas Transmission. The Okeanos gas pipeline will be built in two phases. Shell Gas Transmission will serve as construction manager for the first segment, which will consist of a 74-mile, 24-inch diameter pipeline to gather gas produced from the Shell and BP "Na Kika'' project. Na Kika is under development by Shell about 150 miles southeast of New Orleans. The project consists of the subsea development of six individual fields tied back to the Gulf of Mexico's deepest permanently moored semi-submersible development and production system, operating in a water depth of 6,350 feet. Construction of the first segment of the Okeanos pipeline will be completed in time for the 2003 start-up of the Na Kika fields, and will be another milestone in Shell's history of deepwater accomplishments.

The second phase, for which BP will act as construction manager, will consist of a 26-mile segment to connect the BP and Exxon "Crazy Horse'' field to the Okeanos gas pipeline near Na Kika. Construction on this segment will be completed in time for the start-up of the Crazy Horse field. The Crazy Horse field is the largest oil and gas discovery in the Gulf of Mexico and will be operated by BP. For the complete press visit: http://www.energy24.org/Source/projects/E_P_D/GlobalArticle.asp?energy24=223831

The acquisition crew will utilize 4,500 channels of Sercel 408UL recording equipment and 11 vibrators, recording in slip-sweep mode. Initial processing of the data will also be conducted on the crew. "Veritas DGC Land is pleased to continue our excellent relationship with PDO, and look forward to further development of our Mid-East operations," said Rob LaFleur, Senior Vice- President, Veritas DGC Land. For more details visit: http://www.oilonline.com/news2/news_international_hotline_ve051801.html

Enercon Engineering Inc. has a strong track record in the Gulf of Mexico. Since its inception it has successfully completed more than 150 projects, more than a half of them in the Gulf of Mexico. These include several deepwater projects, among them, the detailed design and engineering for the jacket of the fourth deepest fixed platform in the world, located at a water depth of 1,130 feet in the Gulf of Mexico.

The current field development staff of Kvaerner Oil & Gas in Houston and Enercon Engineering will be merged into one organisation. All key personnel of Enercon have committed to stay with the new company, and further strengthening of the competence of the new entity will be sought by the sourcing of expertise from other parts of the Group's global oil and gas activities. Together with Kvaerner's other engineering resources located in Houston, serving the petrochemical and chemical industries, Kvaerner will have a total of 700 engineers in this region and a further 400 people employed in Kvaerner Oilfield Products fabrication activities. For details visit: http://quotes.freerealtime.com/dl/frt/N?art=C2001052100141p3697&SA=Latest

WAAS, developed by the United States government, calculates errors in the GPS signal then transmits correction messages to WAAS-capable GPS receivers. Upgraded Magellan receivers provide higher accuracy, not only from WAAS signals, but also when receiving correction signals from the European Geostationary Navigation Overlay System (EGNOS), which covers Europe. Additionally, projected specifications for the forthcoming Multifunctional Transport Satellite-based Augmentation System (MSAS) for Asia suggest that upgraded Magellan receivers will work with this system as well. As a result, Magellan customers will gain better than three-meter positioning accuracy throughout much of the world.

Magellan customers do not need special equipment to take advantage of the increased accuracy because WAAS uses the same frequency as the standard GPS signal. However, only Magellan's newer GPS receivers have adequate memory capacity to add the WAAS software. Customers can obtain free and easy upgrades by downloading the software to their MAP 330 or MAP 330M from the product support section at http://www.magellangps.com. For upgrade assistance or technical support, call Magellan's toll-free help line at 866-737-8604. For the complete press release, click here... For more information about WAAS, visit the FAA website at http://gps.faa.gov/Programs/WAAS/waas.htm

WesternGeco is a leader in integrated exploration and reservoir imaging services, providing worldwide seismic acquisition, processing and multiclient surveys. Headquartered in London, WesternGeco is a joint venture between Schlumberger and Baker Hughes.

EDS is a leader in distributed imaging software for prestack time and depth migration, its Verify, SLS and APEX product lines, and is recognized for innovative use of clustered PC hardware. For the complete press release click here or for further information, contact Mart Smith, marketing manager, data processing at: USA+(713) 789-9600.

Veritas' Gulf of Mexico Marine Seismic Data Library covers more than 3,200 OCS lease blocks with high quality 3D data. The library consists of new vintage, continuous long-offset data in the deepwater areas of the Western and Central Gulf of Mexico, as well as exceptional data in the highly obstructed areas of Main Pass and Viosca Knoll. For more details on the Keathley Canyon Phase IV 3D Survey availability, visit: http://www.veritasdgc.com/what/librarymarine/frm_gulfmex.htm

The exploration well, Palm No.1, discovered 30 feet of oil-saturated Kuparuk formation sandstone at approximately 5,800 feet sub-sea. A sidetrack well, Palm No.1A, tested at an unstimulated rate of about 2,500 barrels per day of 26-degree API gravity oil. The Palm accumulation is located about three miles west of the Kuparuk field in the Greater Kuparuk Area. The Palm discovery will be developed as an extension of the Kuparuk field by expanding the existing Kuparuk Participating Area and Kuparuk River Unit. Production from the satellite field, which is expected to begin in 2003, will be processed through existing Kuparuk field facilities. Phillips expects this discovery will help the company meet its stated objective of keeping its Alaska production between 375,000 and 400,000 barrels of oil equivalent per day for the next several years.

Kuparuk, which began production in 1981, is the second-largest oil field in North America. The Greater Kuparuk Area, which includes four satellite fields, currently produces approximately 225,000 barrels of oil equivalent per day. Phillips Alaska, operator of the Kuparuk field, holds a 55.29 percent interest; BP Exploration holds a 39.28 percent interest; and Unocal, ExxonMobil and Chevron each hold minor interests.

Phillips Petroleum Company is an integrated oil company with interests around the world. Headquartered in Bartlesville, Okla., the company had 12,200 employees, $20.7 billion of assets and $19.6 billion of annualized revenues as of March 31, 2001. For a map of the North Slope fields, go to http://www.phillips66.com/newsroom/images&charts/northslope.htm . For the complete press release, click here...

The PGA TOUR's ShotLink scoring and statistics system, developed in partnership with IBM, is a revolutionary technology that captures and reports vital real-time information on every shot, by every player, in every tournament. Using Trimble Global Positioning System (GPS) technology to map the majority of the golf courses and Trimble laser technology to measure the length and accuracy of every shot around and on the greens, ShotLink will enable viewers to gain in-depth information on every shot in TOUR action. ShotLink is being phased in on both the PGA TOUR and SENIOR PGA TOUR.

For the ShotLink System, the PGA TOUR purchased 105 Trimble 5600 Total Stations with DR200+ technology in the fourth quarter of 2000. The state-of-the-art laser survey systems accurately measure distances within 1/8 inch, with a range exceeding 656 feet (200 meters). For the complete press release and much detail on this newswire, click here...

"The AD-VisorTM is a practical organizational tool that also happens to be a digital readout and data logger for a wide variety of sensors. I see the AD-Visor as the Swiss Army knife of readouts," said Jeff Schuyler, Applied Geomechanics Vice President and Manager of AD-Visor Development.

For more information contact Applied Geomechanics by e-mail to Etienne Constable or Jeff Schuyler at: applied@geomechanics.com or visit their website at http://www.geomechanics.com